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Efficiency Wages, Unemployment Benefits and Union—Firm Wage Bargaining: The Issue of the Choice of the Outside Option

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  • Wim Meeusen
  • Vesna Stavrevska
  • Glenn Rayp

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  • Wim Meeusen & Vesna Stavrevska & Glenn Rayp, 2011. "Efficiency Wages, Unemployment Benefits and Union—Firm Wage Bargaining: The Issue of the Choice of the Outside Option," Journal of Labor Research, Springer, vol. 32(1), pages 75-86, March.
    • Handle: RePEc:spr:jlabre:v:32:y:2011:i:1:p:75-86
    DOI: 10.1007/s12122-011-9103-z
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    References listed on IDEAS

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    1. Fehr, Ernst & Falk, Armin, 2002. "Psychological foundations of incentives," European Economic Review, Elsevier, vol. 46(4-5), pages 687-724, May.
    2. George A. Akerlof & Janet L. Yellen, 1990. "The Fair Wage-Effort Hypothesis and Unemployment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 105(2), pages 255-283.
    3. Solow, Robert M., 1979. "Another possible source of wage stickiness," Journal of Macroeconomics, Elsevier, vol. 1(1), pages 79-82.
    4. Jon Strand, 2003. "Wage Bargaining Versus Efficiency Wages: A Synthesis," Bulletin of Economic Research, Wiley Blackwell, vol. 55(1), pages 1-20, January.
    5. Michel Dumont & Glenn Rayp & Peter Willemé, 2006. "Does internationalization affect union bargaining power? An empirical study for five EU countries," Oxford Economic Papers, Oxford University Press, vol. 58(1), pages 77-102, January.
    6. Garino, Gaia & Martin, Christopher, 2000. "Efficiency wages and union-firm bargaining," Economics Letters, Elsevier, vol. 69(2), pages 181-185, November.
    7. George A. Akerlof & Janet L. Yellen, 1985. "A Near-Rational Model of the Business Cycle, with Wage and Price Inertia," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 100(Supplemen), pages 823-838.
    8. Summers, Lawrence H, 1988. "Relative Wages, Efficiency Wages, and Keynesian Unemployment," American Economic Review, American Economic Association, vol. 78(2), pages 383-388, May.
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